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Oct 31, 2022
American Software Q2 2023 Earnings Report
Reported second quarter of fiscal year 2023 results.
Key Takeaways
American Software reported a 1% increase in total revenues to $31.4 million, while GAAP net earnings decreased by 37% to $2.1 million, and adjusted EBITDA increased by 4% to $4.9 million.
Subscription fees increased by 19% to $12.3 million.
Total revenues increased 1% to $31.4 million.
GAAP net earnings decreased 37% to $2.1 million.
Adjusted EBITDA increased 4% to $4.9 million.
American Software
American Software
American Software Revenue by Segment
Forward Guidance
American Software anticipates total revenues of $125.5 million to $127.5 million and adjusted EBITDA of $18.0 million to $20.0 million for fiscal year 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income